Wayne Himelsein, the chief investment officer of Logica Capital Advisers, brings two decades of hedge fund experience to the Los Angeles firm. Wayne Himelsein has expertise in quantitative trading systems and market neutral investing.
2. Introduction
Wayne Himelsein, the chief investment officer of
Logica Capital Advisers, brings two decades of hedge
fund experience to the Los Angeles firm. Wayne
Himelsein has expertise in quantitative trading
systems and market neutral investing.
When investing and trading, his philosophy is as
follows:
“The scientific method is the most powerful tool that
exists. More specifically, the same mathematical and
statistical procedures that take humans to the moon
and cure life threatening diseases can equally be
applied to the dynamic numerical environment of the
capital markets." - Wayne Himelsein
3. This philosophy is important in light of 3 of his core
beliefs:
1. Market neutral strategies are not truly neutral.
Besides directionality, there are many other exposures
and sensitivities that need to be identified and
controlled.
2. Behavioral biases of buyers/sellers in decision
making and their impact on market behavior, create
inefficiencies that can be exploited in a systematic
way.
3. Many managers believe the only way to
outperform is more and better information than their
rivals; we believe that a deep understanding of market
dynamics is a more fruitful exercise.